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FIRST AMENDMENT OF <br />MEMORANDUM OF AGREEMENT <br />FOR IMPLEMENTATION AND OPERATION OF <br />THE COLORADO PORTION OF THE PLATTE RIVER RECOVERY <br />IMPLEMENTATION PLAN <br />A Memorandum of Agreement For Implementation And Operation Of The Colorado Portion Of <br />The Platte River Recovery Implementation Plan (MoA) was entered into on November 17, 2006, <br />between the State of Colorado, Department of Natural Resources ( "DNR "), and the South Platte <br />Water- Related Activities Program, Inc. ( "SPWRAP "), a non -profit corporation of the State of <br />Colorado, (collectively hereinafter, the "Parties "). This First Amendment of the MoA <br />( "Amendment ") is entered between the Parties effective , 2009. <br />WHEREAS, the U.S. Department of Interior, the States of Colorado, Nebraska and Wyoming <br />developed the Platte River Recovery Implementation Program ( "PRRIP ") and entered into an <br />agreement captioned the Platte River Recovery Implementation Program Cooperative Agreement <br />dated October 24, 2006 (the " PRRIP Agreement "); and, <br />WHEREAS, PRRIP contemplates, among other things, a re- timing of flows in the lower South <br />Platte River within Colorado and the payment of money for program operations and studies in <br />several reaches of the Platte River and its tributaries (collectively hereinafter, the "Colorado <br />Program "); and, <br />WHEREAS, DNR and SPWRAP entered into the MoA to cooperate in meeting the obligations <br />of the Colorado Program and to begin to allocate between them responsibilities for meeting such <br />obligations; and, <br />WHEREAS, the means for meeting the financial obligations of the Colorado Program and the <br />allocation of responsibilities with regard thereto were quite uncertain at the time the MoA was <br />entered; and, <br />WHEREAS, the uncertainties regarding such financial obligations have not been eliminated, but <br />have been significantly reduced since the signing of the MoA, and the allocation of <br />responsibilities regarding such financial obligations can now be further defined; <br />NOW THEREFORE, the Parties hereby agree to amend the MoA as follows: <br />With regard to Paragraph 2.b. of the MoA; <br />a. It was contemplated that the Parties would seek to have an initial Water Projects Plan <br />in place by January 1, 2008. The Parties now intend to have the initial Water Projects <br />Plan in place by March 31, 2009. The Water Projects Plan will consist of the actions <br />to be taken to meet a 10,000 acre foot per year re- timing obligation, commonly <br />referred to as "Tamarack I," and a Future Depletions re- timing obligation, in an <br />annual amount that will be determined as the PRRIP progresses, commonly referred <br />to as "Tamarack IL" <br />I" Amend DNR- SPWRAP MoA 1 -12 -09 <br />